A Quote by Larry Charles

I take big risks, but I'm not reckless about it. — © Larry Charles
I take big risks, but I'm not reckless about it.
I'll tell what reckless is. What reckless is is calling [Bashar] Assad a reformer. What reckless is allowing Russia to come into Crimea and Ukraine. What reckless is is inviting Russia into Syria to team with Iran. That is reckless. And the reckless people are the folks in the White House right now. Barack Obama and Hillary Clinton are the reckless people.
There are some risks we choose to take because the benefits from taking them exceed the possible costs. Optimal behavior takes risks that are worthwhile. This is the central paradigm of finance: we must take risks to achieve rewards, but not all risks are equally rewarded.
Be wise enough not to be reckless, but brave enough to take great risks.
I compensate for big risks by always doing my homework and being well-prepared. I can take on larger risks by reducing the overall risk.
If designers are willing to take risks, I think buyers should take risks, as well with press taking risks.
The thing I preach constantly is do your research; build your knowledge base. Don't just go into business on a whim or a prayer - and don't think 'I'm an entrepreneur so I have to take risks'. Entrepreneurs don't take risks. They take calculated risks; only the good ones.
The trick is to take risks and be paid for taking those risks, but to take a diversified basket of risks in a portfolio.
People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.
Any time you risk big you often risk losing big. You can win big but you can also lose big, but you have to be willing to take those risks.
I think that's something that investment banks have worried about for a long time and are continuing to worry about, but it's not an easy solution when you have lots of people betting the company's money, how do you really allocate those risks? How do you make sure that the people that take the risks are feeling the risks in an appropriate kind of fashion?
I don't think about taking risks anymore because there aren't any risks to take.
The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.
The thing is doing it, that's what it's all about. Not in the results of it. After all what is a risk? It's a risk not to take risks. Otherwise, you can go stale and repeat yourself. I don't feel like a person who takes risks. Yet there's something within me that must provoke controversy because I find it wherever I go. Anybody who cares about what he does takes risks.
The trouble is that the risks that are being hedged very well by new financial securities are financial risks. And it appears to me that the real things you want to hedge are real risks, for example, risks in innovation. The fact is that you'd like companies to be able to take bigger chances. Presumably one obstacle to successful R&D, particularly when the costs are large, are the risks involved.
I talk a lot about taking risks, and then I follow that up very quickly by saying, 'Take prudent risks.'
At this stage in my career, I don't have to take any big risks. You want to take a calculated risk, not one that leads to people saying 'yes, but there was that one time when she made that big mistake.' It's always a shame when that happens, especially if you've gotten by for decades without anything hugely tragic.
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